3,925 Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Bought by Tufton Capital Management

Tufton Capital Management bought a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 3,925 shares of the company’s stock, valued at approximately $212,000.

Several other large investors have also added to or reduced their stakes in the business. Peterson Wealth Services bought a new stake in iShares U.S. Medical Devices ETF during the fourth quarter worth $203,000. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of iShares U.S. Medical Devices ETF by 5,532.7% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 356,326 shares of the company’s stock valued at $19,231,000 after purchasing an additional 350,000 shares during the period. Tyche Wealth Partners LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $272,000. United Asset Strategies Inc. bought a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $5,802,000. Finally, Oak Family Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $2,024,000.

iShares U.S. Medical Devices ETF Stock Down 0.1 %

Shares of IHI traded down $0.03 during trading hours on Thursday, hitting $54.75. The company had a trading volume of 796,956 shares, compared to its average volume of 1,205,693. The firm has a market cap of $5.95 billion, a price-to-earnings ratio of 33.98 and a beta of 0.85. The business has a fifty day moving average of $57.25 and a 200-day moving average of $53.06. iShares U.S. Medical Devices ETF has a 12 month low of $43.96 and a 12 month high of $59.14.

iShares U.S. Medical Devices ETF Company Profile

The iShares U.S. Medical Devices ETF (IHI) is an exchange-traded fund that is based on the DJ US Select \u002F Medical Equipment index, a market-cap-weighted index of manufacturers and distributors of medical devices in the US. IHI was launched on May 1, 2006 and is managed by BlackRock.